(ZENITHSTL_BE) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL_BE) share price targets
Complete technical analysis of Zenith Steel (ZENITHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL_BE)
Showing technical analysis as on 2024-07-05 View latest technical analysis
10 day averaged volume of Zenith Steel is 509854
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 13.98 | 15.45 | 15.45 | 13.98 | 4.356 times |
04 Thu Jul 2024 | 14.72 | 14.72 | 14.72 | 14.72 | 1.059 times |
16 Fri Feb 2024 | 8.35 | 8.35 | 8.45 | 7.85 | 1.501 times |
15 Thu Feb 2024 | 8.10 | 8.10 | 8.10 | 7.80 | 0.777 times |
14 Wed Feb 2024 | 7.75 | 7.40 | 7.75 | 7.05 | 0.82 times |
13 Tue Feb 2024 | 7.40 | 7.80 | 7.95 | 7.40 | 0.307 times |
12 Mon Feb 2024 | 7.75 | 8.40 | 8.40 | 7.65 | 0.654 times |
09 Fri Feb 2024 | 8.00 | 8.20 | 8.20 | 7.50 | 0.833 times |
08 Thu Feb 2024 | 7.90 | 8.60 | 8.60 | 7.80 | 2.536 times |
07 Wed Feb 2024 | 8.20 | 8.20 | 8.20 | 7.95 | 1.221 times |
Stock of Zenith Steel (ZENITHSTL_BE) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 12.9, for a target of 10.3 or 8.11
Share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Target | 5.40 |
Downside Target | 5.55 |
Downside Target | 6.45 |
Downside Target | 6.75 |
Downside Target | 7.00 |
Downside Target | 7.50 |
Downside Target | 7.70 |
Downside Target | 8.45 |
Downside Target | 8.60 |
Downside Target | 13.98 |
Upside Target | 15.45 |
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Intraday Target | 13.49 |
Downside Intraday Target | 13 |
Upside Intraday Target | 14.96 |
Upside Intraday Target | 15.94 |
Upside Intraday Target | 14.47 |
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 13.98 | 14.72 | 15.45 | 13.98 | 1.334 times |
16 Fri Feb 2024 | 8.35 | 8.40 | 8.45 | 7.05 | 0.784 times |
09 Fri Feb 2024 | 8.00 | 7.50 | 8.60 | 7.50 | 3.164 times |
02 Fri Feb 2024 | 7.15 | 6.75 | 7.15 | 6.75 | 2.209 times |
25 Thu Jan 2024 | 6.65 | 6.80 | 6.85 | 6.45 | 0.98 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Zenith Steel (ZENITHSTL_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Jul 2024 | 13.98 | 14.72 | 15.45 | 13.98 | 0.565 times |
16 Fri Feb 2024 | 8.35 | 7.00 | 8.60 | 7.00 | 1.934 times |
31 Wed Jan 2024 | 6.95 | 7.70 | 7.70 | 6.45 | 0.573 times |
29 Fri Dec 2023 | 7.85 | 6.15 | 7.85 | 5.55 | 1.223 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Zenith Steel (ZENITHSTL_BE)
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Zenith Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Zenith Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Zenith Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Zenith Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.36 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Zenith Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Zenith Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Zenith Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Zenith Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 10.36 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for Zenith Steel charts
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Daily charts
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